TESIX: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TESIX
Largest movements
- Receivables within one year -€15,505
down €15,505 (-19.2%), from €80,609 to €65,105
- Profit (loss) carried forward -€29,769
down €29,769, from €10,801 to -€18,968
- Tax, wage and social debts +€13,941
up €13,941 (+129.9%), from €10,735 to €24,676
- Other debts -€2,708
down €2,708 (-9.0%), from €30,156 to €27,448
- Financial charges +€44,333
up €44,333 (+1857.3%), from €2,387 to €46,720
- Taxes -€5,036
down €5,036 (-93.6%), from €5,380 to €345
- Gross operating margin -€4,648
down €4,648 (-19.4%), from €23,903 to €19,255
- Other operating charges +€1,000
up €1,000 (+169.6%), from €590 to €1,590
- Depreciation -€750
down €750 (-67.0%), from €1,119 to €369
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,526 | €93,894 | -€17,631 | -15.8% |
| Fixed assets | 21/28 | €369 | - | -€369 | |
| Tangible fixed assets | 22/27 | €369 | - | -€369 | |
| Furniture and vehicles | 24 | €369 | - | -€369 | |
| Current assets | 29/58 | €111,156 | €93,894 | -€17,262 | -15.5% |
| Amounts receivable within one year | 40/41 | €80,609 | €65,105 | -€15,505 | -19.2% |
| Trade receivables | 40 | €80,609 | €65,105 | -€15,505 | -19.2% |
| Cash at bank and in hand | 54/58 | €29,571 | €28,789 | -€781 | -2.6% |
| Deferred charges and accrued income | 490/1 | €976 | - | -€976 | |
| Total equity and liabilities | 10/49 | €111,526 | €93,894 | -€17,631 | -15.8% |
| Equity | 10/15 | €62,801 | €33,032 | -€29,769 | -47.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,801 | -€18,968 | -€29,769 | |
| Amounts payable | 17/49 | €48,724 | €60,862 | +€12,138 | +24.9% |
| Amounts payable within one year | 42/48 | €48,724 | €60,862 | +€12,138 | +24.9% |
| Trade debts | 44 | €7,833 | €8,738 | +€905 | +11.6% |
| Suppliers | 440/4 | €7,833 | €8,738 | +€905 | +11.6% |
| Taxes, remuneration and social security | 45 | €10,735 | €24,676 | +€13,941 | +129.9% |
| Taxes | 450/3 | €10,735 | €24,676 | +€13,941 | +129.9% |
| Other amounts payable | 47/48 | €30,156 | €27,448 | -€2,708 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,119 | €369 | -€750 | -67.0% |
| Other operating charges | 640/8 | €590 | €1,590 | +€1,000 | +169.6% |
| Gross operating margin | 9900 | €23,903 | €19,255 | -€4,648 | -19.4% |
| Operating profit (loss) | 9901 | €22,194 | €17,296 | -€4,898 | -22.1% |
| Financial charges | 65/66B | €2,387 | €46,720 | +€44,333 | +1857.3% |
| Recurring financial charges | 65 | €2,387 | €46,720 | +€44,333 | +1857.3% |
| Profit (loss) for the period before taxes | 9903 | €19,807 | -€29,424 | -€49,232 | |
| Income taxes | 67/77 | €5,380 | €345 | -€5,036 | -93.6% |
| Profit (loss) for the period | 9904 | €14,427 | -€29,769 | -€44,196 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,427 | -€29,769 | -€44,196 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.